Everything you wrote is correct. And the problem the author of the original post is addressing has a very simple solution: you and your bosses should eat less and live more modestly. Your medieval cable-bolt-fitters' guild should become less exclusive and demand less money for membership. The ultimate beneficiaries of horribly expensive electricity can easily live without three ranches and two yachts. And then people won't be forced to build this cable-flipping sham.

The same applies to the rest of the construction industry in the US. If they're building houses out of cardboard and sticks, they should be paid enough to buy a cardboard steak. And house prices should be low, not like they are now.